How to Buy Organovo Holdings Stock
Organovo Holdings Inc
Organovo Holdings, Inc. , a biotechnology company, focuses on developing 3D tissues that recapitulate key aspects of human disease.
Organovo Holdings stock last closed at $1.00, up 1.21% from the previous day, and has decreased 43.5% in one year. It has underperformed other stocks in the Biotechnology industry by 0.21 percentage points. Organovo Holdings stock is currently +12.23% from its 52-week low of $0.89, and -51.22% from its 52-week high of $2.05.
At the moment, there are 10.04M ONVO shares outstanding. The market capitalization of ONVO is $10.04M. In the last 24 hours, 139,331 ONVO shares were traded.
How to Buy Organovo Holdings Stock
Wondering how to invest in Organovo Holdings stock? Here's how.
- Decide where to buy Organovo Holdings stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Organovo Holdings stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your payment method and add your details.
- Evaluate Organovo Holdings stock: The Organovo Holdings ticker symbol is ONVO. Is Organovo Holdings stock a good investment? Should you buy shares of ONVO? How do ONVO's underlying business fundamentals look? Do top analysts think Organovo Holdings is a good buy? Why has ONVO's stock price moved recently? (Hint: Our stock market research website can help you decide if ONVO is a good stock to buy).
- Execute your ONVO buy order: Decide if you will purchase ONVO shares at the current market price or use a limit order to purchase ONVO stock at a specific price.
- Track your investment in ONVO: Create a watchlist to key updates about your new investment in Organovo Holdings stock.
Step 1: Decide where to buy Organovo Holdings stock
You will need an online brokerage account in order to access the NASDAQ market and buy ONVO stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can buy ONVO stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on the best investment app, you need to deposit funds:
Check out the tutorial below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Organovo Holdings stock
After you have identified the best place to buy Organovo Holdings stock, it's critical to analyze their stock prior to investing, so you truly understand the risk and opportunity.
Organovo Holdings Numbers
ONVO Overview
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on ONVO's stock page.
Is ONVO stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ONVO's fair value.
Using relative valuations measures:
- ONVO may be undervalued based on its P/B ratio of 1.62x, relative to Biotechnology industry P/B ratio of 5.85x
You can access more valuation research on ONVO's stock here.
ONVO Financial Summary
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the ONVO balance sheet.
- There are more short-term assets than long-term liabilities on the ONVO balance sheet.
Negative Financial Indicators:
- ONVO has $5.44M in cash and short term investments. This is not enough to cover its annual cash burn of $16.92M.
- ONVO profit margin has gone down from -685.7% to -7,886.4% in the past year.
- ONVO has a relatively high debt to equity ratio of 0.44.
- ONVO has cash burn of 16919000. It does not have enough cash and short-term investments to cover this.
- Total ONVO debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are saying on the Organovo Holdings stock forecast page.
Metrics for Advanced ONVO Traders
ONVO Growth Numbers
Last year, ONVO revenue was $242.00k. In the past 5 year, ONVO's revenue has gone up by -41.45% per year. This was slower than the Biotechnology industry average of 28.56%.
You can analyze ONVO's earnings and revenue performance here.
Are ONVO executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at ONVO have sold more shares than they have bought.
David Gobel, Director of ONVO, was the latest ONVO insider to sell. They sold $31,743.73 worth of ONVO shares on Nov 15, 2023.
Research more about who owns ONVO stock here.
Can I rely on ONVO as an income stream?
No, Organovo Holdings doesn't provide an income stream by paying out dividends.
What do other traders have to say about ONVO?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your ONVO buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and eToro will place your order.
If you need additional help investing in stocks on eToro, click the how to video below:
Step 6: Track your investment in ONVO
Now that you own some shares in ONVO, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to keep track of your ONVO stock.
ONVO Feed
How to Buy Stock in Organovo Holdings
To summarize, here are the 6 steps you need to take to buy Organovo Holdings stock right now:
- Decide where to buy Organovo Holdings stock
- Create your brokerage account
- Put funds into your investment account
- Evaluate Organovo Holdings stock
- Execute your ONVO buy order
- Track your investment in ONVO
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Organovo Holdings, click the button below.
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